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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

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Industry News

Newsmakers

David P. Brownell has been elected a director of Unitil Corp., parent company for Concord Electric Co., Exeter & Hampton Electric Co. and Fitchburg Gas & Electric Light Co. He is a senior vice president of Tyco International Ltd.

Peter J. Dailey has been appointed vice president for corporate development by Allegheny Energy Inc. Dailey, who joined the company in 1991 as a lawyer, most recently was executive director of business development.

Julie A. Dill has been named executive vice president and managing director of the Asia Pacific region of Duke Energy International, replacing Michael J. McDanold who is returning to a position with Duke Energy Corp. in the United States. Dill joined DEI in 1998 as chief financial officer.

Michael B. Green has been elected a director of Unitil Corp., parent company for Concord Electric Co., Exeter & Hampton Electric Co. and Fitchburg Gas & Electric Light Co. He is president and chief executive of Capital Region Health Care and Concord Hospital of Concord, N.H.

Paul Marsh, chief financial officer of TXU Europe, has been promoted to chief operating officer with responsibility for TXU's portfolio operations in Europe.

Singleton B. McAllister has been elected a director of Alliant Energy Corp. He is a partner in the Washington, D.C., law firm of Patton Boggs LLP.

E. Follin Smith, most recently senior vice president and chief financial officer of floor and ceiling tile maker Armstrong Holdings Inc., has joined Constellation Energy Group as senior vice president and chief financial officer.

Glen Thomas has been named Chairman of the Pennsylvania Public Utility Commission replacing John M. Quain whose term has expired. Thomas has served as deputy policy director in the office of Gov. Tom Ridge, where he has been responsible for managing the day-to-day activities of the Governor's Policy Office.

Key Span Announces Three Promotions
Key Span Corp. has announced three executive promotions, all effective July 1, 2001.

  • Robert J. Fani has been elected president of Key Span Energy Services and Supply, responsible for the corporation's non-regulated companies. He will continue to have responsibility for the strategic marketing and e-business division and the strategic planning and management division.

  • Wallace P. Parker Jr. has been elected president of Key Span Energy Delivery, responsible for both the gas operations and electric operations business units.

  • Steven L. Zelkowitz has been named executive vice president and general counsel, adding responsibility for human resources and regulatory affairs to his legal services and corporate secretary functions.

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